Financial Aid Eligibility

Federal Eligibility RequirementsThe Federal government is the primary source of financial aid for college students.
Students must meet the following requirements to be eligible for federal aid:

Demonstrate financial need (for most programs)

Be a U.S. citizen or eligible non-U.S. citizen with a valid Social Security number.
Federal regulations and college policy limit financial assistance available to non-U.S.
citizens

Be registered with the U.S. Selective Service, if you are male between the ages of
18 and 25

Be enrolled at least half-time (for most programs)

Be enrolled or accepted for enrollment in an eligible degree or certificate program

Have a high school diploma, General Education Development (GED) certificate or a state-recognized
equivalent, a high school education in a home-school setting approved under state
law; or enrolling in an eligible career pathways program

Make Satisfactory Academic Progress toward a degree program

Use aid only for educational purposes

Not owe a refund on a federal grant or be in default on any federal educational loans

Related Links

Criteria For Awarding Aid

Student Financial Resources and Scholarships (SFRS) awards need-based grants, scholarships,
loans, and work-study equitably among all eligible applicants who apply for financial
aid. Awards are based on financial need, federal award maximums, and available funding.

Your cost of attendance at Oakland Community College for one academic year minus your
expected family contribution (EFC) and other financial resources equal your demonstrated
need (eligibility) for need-based financial aid.

Oakland Community College awards financial aid funds in the following order to eligible
students:

Federal Work-Study funds awarded to students who were previously awarded FWS or request
FWS from the campus Financial Aid office.

Students who need additional funds to cover expenses and those who are not eligible
for need-based aid may consider supplemental loans such as the Federal Direct PLUS
Loan and/or private education loans. These require separate applications.

Note: The sources of all aid cannot exceed the Cost of Attendance.

Federal Programs

PROGRAM NAME

DEFINITION

NEED BASED?

YEAR MAXIMUM

RE-PAY

Federal Pell Grant (FPELL)

Gift assistance for students with exceptional financial need

Yes

Up to $5775

No

Federal Supplemental Educational Opportunity Grant (FSEOG)

Gift assistance for students who demonstrate exceptional financial need. Priority
is given to Pell Grant recipients.

This program, offered through the Michigan Department of Treasury, provides families
a flexible way to save for their children's education, at any qualified institution,
by offering a choice of investment options, tax advantages, and low start-up costs

No

Max varies

No

Institutional Programs (In-District Residents Only)

PROGRAM NAME

DEFINITION

NEED BASED?

YEAR MAXIMUM

RE-PAY

Trustee Award (TA)

Grant funds provided by the OCC Board of Trustees to in-district students without
an associate degree

Yes

$800

No

Aid for Study Abroad

Students enrolled in a program of study abroad approved for credit by Oakland Community
College (home school) may be considered enrollment at Oakland Community College (home
school) for the purposes of applying for federal student financial aid.